NYSE to reopen trading floor to some market makers on Wednesday
FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S.,…
EasyJet founder fails to oust management, proxy votes show
FILE PHOTO: An Easyjet plane takes off from Manchester Airport in Manchester, Britain January 20, 2020. REUTERS/Phil Noble/File Photo LONDON (Reuters) – EasyJet (EZJ.L) said founder Stelios Haji-Ioannou had failed…
Expedia posts bigger quarterly loss as pandemic takes toll
FILE PHOTO: The logo of global online travel brand Expedia is pictured at the International Tourism Trade Fair (ITB) in Berlin, Germany, March 9, 2016. REUTERS/Fabrizio Bensch (Reuters) – Expedia…
U.S. Bankruptcy Court allows J.C. Penney to keep paying staff and vendors
(Reuters) – J.C. Penney Co Inc (JCP.N) said on Saturday a U.S. Bankruptcy Court will allow it to keep paying wages and benefits to workers who will remain on the…
J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout
(Reuters) – J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list of brick-and-mortar retailers pushed to…
Roche gets FDA emergency use approval for COVID-19 antibody test
FILE PHOTO: The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland January 30, 2020. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Roche Holding AG (ROG.S) received emergency…
Tesla to extend furlough for some employees by another week: internal email
FILE PHOTO: A view of Tesla Inc’s U.S. vehicle factory in Fremont, California, U.S., March 18, 2020. REUTERS/Shannon Stapleton/File Photo (Reuters) – Tesla Inc (TSLA.O) told furloughed employees on Friday…
UBS posts 40% first-quarter net profit rise as transaction levels jump
FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters) – The world’s largest wealth manager, UBS (UBSG.S), reported a…
U.S. payroll protection program: What has changed in round two?
WASHINGTON (Reuters) – The Small Business Administration on Monday began allowing lenders to process $310 billion in funds for the second round of its program to help cover payroll costs…
GM dispatches first batch of ventilators for COVID-19 patients
The first production ventilators are seen at the General Motors Kokomo manufacturing facility in response to the coronavirus disease (COVID-19) outbreak in Kokomo, Indiana, U.S. April 13, 2020. AJ Mast/General…